IM Cannabis Executes 30-for-1 Reverse Stock Split on Nasdaq

The company, which maintains operations across Israel and Germany, confirmed that its ticker symbol, IMCC, remains unchanged following the consolidation. New CUSIP and ISIN numbers—44969Q505 and CA44969Q5059—have been assigned to the equity. During the transition, fractional shares equal to or greater than one-half were rounded up to the nearest whole number, while smaller fractions were cancelled. Outstanding convertible securities have undergone proportional adjustments to reflect the new share structure.

Computershare Investor Services, acting as the registrar, has initiated the distribution of transmittal letters to registered shareholders of record as of August 27, 2026. These shareholders must follow the provided instructions to exchange their existing certificates for post-consolidation documentation. Conversely, beneficial holders—those who hold shares through brokerage accounts or financial institutions—are not required to take manual action, as the process will be handled automatically through their respective intermediaries.